COMMITMENT TO LATIN AMERICAN ART
Christie’s is the only major auction house with a dedicated and dynamic approach to selling Latin American art.
With our long history of expertise, Christie’s continues to lead the market for Latin American art. As the only auction house to embrace a dynamic selling strategy, offering dedicated Latin American art auctions in the spring and fall, as well as selling the category year-round within our global sales of Modern and Contemporary art, we most accurately and strategically reflect the evolving taste of our collectors.
Year after year, this unique approach continues to yield extraordinary results, demonstrating our unwavering commitment to Latin American art, while also embracing the spirit of innovation that is at the core of Christie’s.
Our 2024 sales witnessed unprecedented enthusiasm and solid results in the category. In both our spring and fall seasons, we set new auction records, engaged bidders from more than 27 countries across the globe, and achieved breakthrough results.
LATIN AMERICAN ART ONLINE OCTOBER 2024
CHRISTIE’S DYNAMIC
APPROACH
Christie’s is the only auction house to embrace a dual strategy to selling Latin American Art. We offer our clients the opportunity to sell in our dedicated Latin American Art auctions or in the global context of our 20th and 21st Century art auction series.
We are uniquely positioned to offer you the ideal sale context for your property to maximize your financial return.
ANONYMOUS (CUZCO SCHOOL)
The Virgin Adoring the Christ Child with Two Saints, 18th Century
Estimate: $15,000–20,000
Sold for $239,400
Christie’s New York, October 2024
1596% OF LOW ESTIMATE
WORLD AUCTION RECORD FOR THE SCHOOL
THE ART OF THE SURREAL EVENING SALE LONDON MARCH 2024
REMEDIOS VARO
Niño y mariposa (Niño triste), 1961
Estimate: £1,200,000-1,800,000
Sold for £819,000 ($1M)
Christie’s London, The Art of the Surreal, March 2024
EMPIRE OF TASTE, UN APPARTEMENT
MADRILÈNE PAR BILLY BALDWIN
PARIS APRIL 2024
LEONORA CARRINGTON
Levitasium, 1950
Estimate: €250,000-350,000
Sold for €541,800 ($579,341)
Christie’s Paris, Empire of Taste, un Appartement Madrilène par Billy Baldwin, April 2024
216% OF LOW ESTIMATE
POST-WAR AND CONTEMPORARY ART DAY SALE
NEW YORK NOVEMBER 2024
FERNANDO BOTERO
La Chambre, 1998
Estimate: $400,000–600,000
Sold for $806,400
Christie’s New York, October 2024
202% OF LOW ESTIMATE
LATIN AMERICAN ART NEW YORK | MARCH 2024
MARIANO RODRÍGUEZ
Woman on Balcony, 1942
Estimate: $150,000–250,000
Sold for $233,100
Christie’s New York, March 2024
155% OF LOW ESTIMATE
IMPRESSIONIST AND MODERN ART DAY SALE
NEW YORK | NOVEMBER 2024
LEONORA CARRINGTON
She Walks, 1975
Estimate: $300,000–500,000
Sold for $819,000
Christie’s New York, November 2024
273% OF LOW ESTIMATE
A YEAR IN REVIEW
LATIN AMERICAN ART IN 2024
2024 continued to build upon the success of Christie’s previous seasons, showing enthusiastic demand for quality works by leading artists in the category. Across sales, Christie’s achieved $40 million, with particular success for works by Fernando Botero, whose bronze sculpture Dancers sold for 261% above the low estimate.
PRIVATE SALES
Another crucial element of our dynamic approach to the selling of Latin American art is the private sale option.
Christie’s maintains unparalleled success with private sales of Latin American Art. In 2024, the magnitude of transactions was unprecedented. The department has successfully placed major works by Frida Kahlo, Remedios Varo, Fernando Botero, Leonora Carrington, Aliza Nisenbaum, Julio Le Parc, Olga de Amaral, Rufino Tamayo and others at major institutions and in private collections at price levels that often far exceed the artist’s record at auction.
CHRISTIE’S OVERALL
PRIVATE SALES IN 2024
$1.5B
EXCEPTIONAL PRICES FOR LATIN AMERICAN ART IN 2024
IONE SALDANHA Bambu, circa 1960s
Estimate: $50,000–70,000 Sold for $163,800
Christie’s New York, October 2024
328% OF LOW ESTIMATE
WORLD AUCTION RECORD FOR THE ARTIST
FERNANDO BOTERO Dancers, 2000
Estimate: $1,500,000-2,500,000 Sold for $3,922,000
Christie’s New York, Latin American Art, March 2024
261% OF LOW ESTIMATE
FOURTH-HIGHEST PRICE FOR THE ARTIST AT AUCTION
ROBERTO FABELO
Arte culinario, 2018
Estimate: $250,000-350,000
Sold for $630,000
Christie’s New York, Latin American Art, March 2024
252% OF LOW ESTIMATE
WORLD AUCTION RECORD FOR THE ARTIST
LEONORA CARRINGTON Faet Fiada (The Appearance of a Wild Beast), 1951
Estimate: $500,000–700,000
Sold for $1,134,000
Christie’s New York, October 2024
227% OF LOW ESTIMATE
BOTERO Circus Act, 2007
Estimate: $600,000-800,000 Sold for $850,500
Christie’s New York, Latin American Art, March 2024
142% OF LOW ESTIMATE
OLGA DE AMARAL
Umbra 11, 1998
Estimate: $70,000–90,000 Sold for $176,400
Christie’s New York, Latin American Art, March 2024
252% OF LOW ESTIMATE
MARÍA LUISA PACHECO Kinesis, 1975
Estimate: $20,000–25,000 Sold for $69,300
Christie’s New York, October 2024
347% OF LOW ESTIMATE
WORLD AUCTION RECORD FOR THE ARTIST
BRIDGET TICHENOR Misioneros, 1965
Estimate: $35,000–45,000
Sold for $403,200
Christie’s New York, October 2024
1,152% OF LOW ESTIMATE
WORLD AUCTION RECORD FOR THE ARTIST
TOMÁS SARACENO GJ 581 e/M+1, 2016
Estimate: $80,000–120,000
Sold for $119,700
Christie’s New York, October 2024
150% OF LOW ESTIMATE
WORLD AUCTION RECORD FOR THE ARTIST
FERNANDO
FERNANDO BOTERO
SUCCESS IN THE CURRENT MARKET
Christie’s is the market leader for Fernando Botero, having achieved record prices in both the current and historic markets.
Christie’s has achieved 4 of the top 5 prices for the artist at auction, all in New York from 2022-2024. We have similarly achieved record prices through our private sale platforms.
FERNANDO BOTERO SOLD AT CHRISTIES AUCTION AND PRIVATE SALE | NEW YORK 2023-2024
OVERALL SOLD TOTAL (AUCTION AND PRIVATE SALE) $52.6 million
HIGHLIGHTS
FERNANDO BOTERO
The Musicians, 1979
Estimate: $2,500,000-3,500,000
Sold for $5,132,000
Christie’s New York, November 2023
205% OF LOW ESTIMATE
WORLD AUCTION RECORD FOR THE ARTIST
FERNANDO BOTERO
Man on a Horse, 1999
Estimate: $2,000,000-3,000,000
Sold for $4,320,000
Christie’s New York, March 2022
216% OF LOW ESTIMATE
THIRD-HIGHEST PRICE FOR THE ARTIST AT AUCTION
WORLD AUCTION RECORD FOR THE ARTIST AT TIME OF SALE
FERNANDO BOTERO
Hombre que fuma, 1976
Estimate: $100,000-150,000
Sold for $428,400
Christie’s New York, March 2024
428% OF LOW ESTIMATE
FERNANDO BOTERO
Hombre fumando, 1980
Estimate: $500,000-700,000
Sold for $1,744,000
Christie’s New York, Latin American Art, March 2024
349% OF LOW ESTIMATE
FERNANDO BOTERO
The Playroom, 1970
Estimate: $3,000,000–5,000,000
Sold for $3,680,000
Christie’s New York, November 2024
123% OF LOW ESTIMATE
FIFTH-HIGHEST PRICE FOR THE ARTIST AT AUCTION
FERNANDO BOTERO
Cazador, 1982
Estimate: $800,000–1,200,000
Sold for $1,134,000
Christie’s New York, October 2024
142% OF LOW ESTIMATE
GLOBAL LATIN AMERICAN ART TEAM
ARGENTINA CHILE MEXICO BRAZIL